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Libras Group
In this Group: Amada , Analilia , Dolores , Leticia , Flora , Ma Del Carmen , Ma Adriana , Erika , Ausencia , Salome *, Ana Rubi *
* not pictured
The group is called LIBRAS after the sign of the Zodiac represented by a scale because that’s what they want for their group: that it is balanced. It is located in Jojutla de Juárez’s Pedro Amaro neighborhood in the state of Morelos. There are 11 members in the group.

Amada López Zúñiga, known as Amadita, is the group president. She is 58 years old, married, completed elementary school, and has been a baker for the last 5 years. She has 5 children: one girl and four boys. She also has a grandson that she is raising; he is the only one still dependent on her economically. The idea to install a bakery arose when Fernando, her oldest son, who was employed in a bakery, had three accidents on the way to work. She decided it would be best to set up her own bakery taking advantage of Fernando’s experience and skills.

Amadita had been a housewife up to this point so starting out in this business wasn’t easy. However, the trust she placed in her son had the desired success. They started off with a small oven, using their dinner table and baking sheets improvised from oil cans; they purchased all their ingredients with Fernando’s severance pay and savings they had.

Amadita’s commercial activities have been life changing for her and her family; she has both her son and husband employed by her firm. Her goal is that it grows into a large, commercial bakery.

She will use the funds to buy a new slicer. This will be a first step toward equipping her small bakery to become a large, commercial baking company.

Ana Lilia M. V., 37, is group treasurer. She finished secondary school, lives with her life partner, and has 5 children. She has sold groceries for the last 12 years.

Leticia M. V., 28, is another group member. She finished secondary school, is single, and has sold shoes for the last 2 years.

Flora Gómez Juárez, 47, is another group member. She finished elementary school, is married, has four children and has sold atole (a drink made from corn flour and milk) and tamales for 30 years.

Ausencia O. A., 51, is another group member. She finished elementary school, is single, and has sold atole and tamales for 17 years.

Another group member is María del Carmen López Gómez, 32. She finished elementary school, lives with her life partner, has two children and has sold cosmetics for 5 years.

Dolores N. S., 32, is another group member. She finished high school, is married and has sold clothing for 3 years.

Erika B. Pavía, 33, is another group member. She finished middle school, lives with her life partner, has two children and has sold prepared
meals for 7 years.

Finally, María Adriana Valentín O., 24, is Amada López’s daughter-in-law. She finished elementary school, lives with her life partner, has a son and has sold bread for the last 5 years.
View original language description ↓
Este grupo se llama LIBRAS por el signo que representa una balanza, y es lo que ellas quieren de su grupo que este a nivel. Esta ubicado en la colonia Pedro Amaro en la localidad de Jojutla de Juárez en el Estado de Morelos. El grupo esta conformado por 11 integrantes.

La señora Amada López Zúñiga conocida por sus amigo como Amadita, ocupa el puesto de Presidenta del grupo tiene 58 años de edad, casada, estudio hasta la primaria, es panadera desde hace 5 años y tiene 5 hijos una mujer y 4 varones, además tiene un hijo nieto, que es el único que depende económicamente de ella, la idea de poner una panadería, surgió cuando su hijo Fernando (el mayor de los cinco) al trasladarse a su trabajo que era una panadería se accidento en tres ocasiones, por lo que decidió iniciar su propio negocio aprovechando la experiencia y habilidad de su hijo Fernando.

La señora Amadita se dedicaba al hogar, por lo que iniciar este proyecto no fue fácil, sin embargo la confianza que le tiene a su hijo la llevo a obtener el éxito esperado, ellos iniciaron con un pequeño horno y utilizando la mesa de su casa, las charolas eran improvisadas de latas de aceite, todos los insumos los adquirieron con la liquidación del empleo de su hijo Fernando y los ahorros que ellos tenían.

La actividad económica que desarrolla la señora Amadita le ha cambiado la vida a ella y a su familia ya que esto le permite tener a su esposo e hijo trabajando en su empresa, ella tiene la meta de que su negocio crezca al tamaño de una panificadora, y es por ello que el crédito solicitado lo invertirá en una nueva cortadora, de esta forma va acondicionando su negocio para alcanzar pronto su objetivo que es volver su panadería en una panificadora.

La señora Ana Lilia M. V. ocupa el puesto de Tesorera de este grupo tiene 37 años estudio hasta la secundaria, vive en Unión Libre, tiene cinco hijos y se dedica a la venta de abarrote, inicio su negocio hace 12 años.

La señora Leticia M. V. es otra de las integrantes de este grupo tiene 28 años estudio hasta la secundaria, es soltera, y se dedica a la venta de calzado, inicio su negocio hace 2 años.


La señora Flora Gómez Juárez es otra de las integrantes de este grupo tiene 47 años estudio hasta la primaria, esta casada, tiene cuatro hijos y se dedica a la venta de Atole y Tamales, inicio su negocio hace 30 años.

La señora Ausencia O. A. es otra de las integrantes de este grupo tiene 51 años estudio hasta la primaria, es soltera, y se dedica a la venta de Atole y Tamales, inicio su negocio hace 17 años.


La señora María del Carmen López Gómez es otra de las integrantes de este grupo tiene 32 años estudio hasta la primaria, vive en Unión Libre, tiene dos hijos y se dedica a la venta de cosméticos, inicio su negocio hace 5 años.


La señora Dolores N. S. es otra de las integrantes de este grupo tiene 32 años estudio hasta la preparatoria, esta casada, tiene dos hijos y se dedica a la venta de ropa, inicio su negocio hace 3 años.

La señora Erika B. Pavía es otra de las integrantes de este grupo tiene 33 años estudio hasta la secundaria, vive en unión libre, tiene dos hijos y se dedica a la venta de comida, inicio su negocio hace 7 años.

La señora María Adriana Valentín O. es nuera de la señora Amada López es integrantes de este grupo tiene 24 años estudio hasta la primaria, vive en Unión Libre, tiene un hijo y se dedica a la venta de Pan, inicio su negocio hace 5 años.

Additional Information

About CrediComun

This loan is administered by CrediComun, a Kiva Field Partner since February 2010. CrediComun is dedicated to providing loans to groups of women in rural areas in Mexico, and is beginning to lend to individuals as well. One of its newest branch offices is in Ciudad Neza, a poor suburb on the outskirts of Mexico City. CrediComun has grown rapidly since its inception in 2005, with 37 branch offices and over 350 employees, and was ranked the 12th best microfinance institution in Latin America in 2010 according to the Microfinance Information Exchange (MIX).

For more information on CrediComun, please visit its partner page. If you would like to support CrediComun and its borrowers, please visit its lending team.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mexico

  • $11,249
    Average annual income
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,362,500
    Funds lent in using Kiva
  • 12.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Libras Group's $3,850 loan helped a member for a new bread slicer.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2010
Listed
Mar 12, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 16, 2010